Amkor has been cash flow positive since 2015 with ‘healthy’ EBITDA

By Devika Patel

Knoxville, Tenn., Oct. 3 – Amkor Technology, Inc. has a “healthy” EBITDA that trends just below $1 billion and the company has been free cash flow positive since 2015.

“Free cash flow is a big focus for us,” corporate vice president and chief financial officer Megan Faust said at Deutsche Bank’s 25th Annual Leveraged Finance Conference in Scottsdale, Ariz., on Tuesday.

“We’ve been able to maintain free cash flow positive since 2015 despite our investment in our K5 facility.

“[We] also [have] healthy EBITDA.

“[The] trend there [is] just below $1 billion,” Faust said.

The semiconductor company is based in Chandler, Ariz.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.